October 2014

The Impact of First Nations Peoples on a Firms Business Model

Canada’s First Nations. A group of Canada’s First Nation’s people’s. Digital image. First Nations. N.p., n.d. Web. 6 Oct. 2014. <http://www.firstnations.eu/img/01-0-chiefs-b.jpg>.

The First Nations peoples of Canada are held in high regard within B.C., at least from the eyes of a UBC student thus far. My perception of this view, however, is being challenged. Although several hundreds of thousands of people within B.C. may still hold such respect, it seems as though some businesses are willing to place their corporate interests ahead of cultural and historical integrity.

B.C. Hydro’s plan to build a hydroelectric dam, one that “would flood 83 kilometers of the Peace River Valley …, destroying farmland and wildlife habitat”, is an example of such motivations. Furthermore, some people are going as far as paying off certain chieftains in order to abandon legal interests in certain land claims made.

Based on the PEST analysis, the external impact First Nations People’s can be directly linked to both the Political and Social category. In the case of B.C. hydro, my analysis shows that there’s a political impact on the business due to the close relation between the government and the First Nations People’s (who are the ones impacted). Socially, B.C. Hydro has to deal with their public image after having the news of them wanting to flood 83 kilometers of a historic valley go public.

 

Sources:

First Nations. “Indian Land.” First Nations. N.p., n.d. Web. 07 Oct. 2014. <http://www.firstnations.eu/indian_land.htm>.

O’Neil, Peter. “First Nation Chiefs to Stage Site C Showdown.”Www.vancouversun.com. The Vancouver Sun, 18 Sept. 2014. Web. 05 Oct. 2014. <http://www.vancouversun.com/news/First%2BNation%2Bchiefs%2Bstage%2BSite%2Bshowdown/10215965/story.html>.

Hopper, Tristin. “First Nation Members Suing Chief Who Received $800,000 Bonus for Abandoning Aboriginal Land Claim.”Www.nationalpost.com. The National Post, 6 Oct. 2014. Web. 7 Oct. 2014. <http://news.nationalpost.com/2014/10/06/first-nation-members-suing-chief-who-received-800000-bonus-for-abandoning-aboriginal-land-claim/>.